US Auto Market Size Current State 2024: What’s Really Happening?
The US automotive industry is experiencing a significant transformation, driven by changing consumer preferences, technological advancements, and economic pressures. Despite misleading media narratives, the electric vehicle (EV) market is growing, while traditional internal combustion engine (ICE) vehicles face declining sales. In this post, we’ll explore the key factors influencing the US auto market and what it means for the future.